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Siemens CEO on China: Empowerment drives innovation

03:31

In an exclusive interview with China Media Group, Siemens CEO Roland Busch reflected on his time working in China from 2005 to 2007. Sharing a vivid anecdote about developing a cost-effective navigation system, Busch emphasized the power of trusting and empowering local teams. "Empowerment isn't anarchy," he said. "It's about giving direction and trust – and receiving accountability in return."

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